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epiphany is an all equity firm with estimated market value of 300,000. the firm sells 250000 of debt and uses the proceeds to purchase ohtstanding
epiphany is an all equity firm with estimated market value of 300,000. the firm sells 250000 of debt and uses the proceeds to purchase ohtstanding equity. compute the weight in equity and the weight in debt after the proposed funancing and repurchase of equity.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
